Grandeur Peak Global Advisors LLC Acquires Shares of 20,924 The Ensign Group, Inc. $ENSG

Grandeur Peak Global Advisors LLC bought a new position in The Ensign Group, Inc. (NASDAQ:ENSG) during the second quarter, HoldingsChannel.com reports. The fund bought 20,924 shares of the company’s stock, valued at approximately $3,354,000.

Several other institutional investors and hedge funds have also made changes to their positions in ENSG. Transamerica Financial Advisors LLC purchased a new stake in shares of The Ensign Group during the second quarter valued at $26,000. Northwestern Mutual Wealth Management Co. increased its stake in The Ensign Group by 55.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock worth $30,000 after buying an additional 61 shares during the period. Monetary Solutions Ltd bought a new stake in The Ensign Group during the 4th quarter valued at about $30,000. Bayban bought a new stake in The Ensign Group during the 4th quarter valued at about $31,000. Finally, Caitlin John LLC purchased a new stake in The Ensign Group in the 2nd quarter valued at about $31,000. 96.12% of the stock is currently owned by institutional investors.

Insider Activity at The Ensign Group

In other The Ensign Group news, Director Barry M. Smith sold 700 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $164.28, for a total transaction of $114,996.00. Following the sale, the director owned 21,352 shares of the company’s stock, valued at approximately $3,507,706.56. This trade represents a 3.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John O. Agwunobi sold 392 shares of The Ensign Group stock in a transaction on Monday, July 20th. The shares were sold at an average price of $171.06, for a total value of $67,055.52. Following the completion of the transaction, the director owned 9,503 shares in the company, valued at $1,625,583.18. This represents a 3.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 4.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Truist Financial upped their target price on shares of The Ensign Group from $202.00 to $207.00 and gave the stock a “hold” rating in a research note on Thursday, July 30th. Weiss Ratings downgraded shares of The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 16th. Royal Bank Of Canada reissued an “outperform” rating and issued a $228.00 price objective on shares of The Ensign Group in a research note on Tuesday, July 28th. Finally, Wall Street Zen downgraded The Ensign Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, The Ensign Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $216.25.

The Ensign Group Stock Down 3.9%

NASDAQ:ENSG opened at $173.54 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.21 and a quick ratio of 1.21. The Ensign Group, Inc. has a 1-year low of $141.58 and a 1-year high of $218.00. The company has a 50-day moving average of $173.02 and a 200 day moving average of $184.30. The firm has a market cap of $10.11 billion, a PE ratio of 27.20, a price-to-earnings-growth ratio of 1.74 and a beta of 0.68.

The Ensign Group (NASDAQ:ENSG) last posted its earnings results on Monday, July 27th. The company reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.12. The Ensign Group had a net margin of 6.90% and a return on equity of 16.75%. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter last year, the firm posted $1.59 EPS. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. As a group, research analysts anticipate that The Ensign Group, Inc. will post 6.93 EPS for the current fiscal year.

The Ensign Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were issued a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Tuesday, June 30th. The Ensign Group’s dividend payout ratio (DPR) is presently 4.08%.

The Ensign Group Profile

The Ensign Group, Inc is a diversified provider of post-acute healthcare services in the United States, operating a network of skilled nursing, assisted living, independent living, home health and hospice care centers. The company’s model emphasizes integrated care by employing multidisciplinary teams—including nursing staff, therapists and physicians—to deliver personalized rehabilitation and long-term care services for seniors and other patients recovering from injury, illness or surgery.

Through its owned and managed centers, The Ensign Group offers a broad spectrum of rehabilitation services such as physical, occupational and speech therapy.